Decentralization means that the control of operations is delegated to many managers throughout the organization. The term segment is sometimes used to identify an area of responsibility in decentralized operations.
Decentralization is the decision makeup based at lower levels of the organization.
Decentralization is a philosophy of organization and management that focuses on the dispersal of authority within an organization structure.
More from this Section
Blogs mean the regularly updated online journals or diaries, have become an important outlet for word of mouth.
Dumping are the selling products abroad at prices below production costs or below typical prices in the home market to capture market share
- High-low method
The high-low method uses the total costs incurred at the high and low levels of activity to classify mixed costs into fixed and variable components.
- Corporate charter
Corporate charter is the legal document that formally establishes a corporation.
- Small Business Administration (SBA)
Small Business Administration (SBA) is the principal government agency concerned with helping small U.S. firms.
- First-in, first-out (FIFO)
First-in, first-out (FIFO) method is an inventory costing method that assumes that the costs of the earliest goods purchased are the first to be recognized as cost of goods sold.
- Management development program
Management development program is the training designed to improve the skills and broaden the knowledge of current and potential executives.